In the United States, inflation rose by 0.4% month-on-month in October, higher than expected

International

In the United States, inflation for October rose by 0.4% month-on-month, while the core measure—which excludes food and energy—increased by 0.3% month-on-month; both figures came in above expectations. It is worth noting that year-on-year data were not published, as the federal government shutdown last year prevented the collection of data for that month.

Against this backdrop, major U.S. stock indices saw slight declines in yesterday’s trading session. Specifically, the Nasdaq fell 0.7%, the S&P 500 dropped 0.4%, and the Dow Jones declined 0.3%. Nevertheless, year-to-date, these indices show gains of 7.8%, 9.9%, and 8.7%, respectively.

Yields on U.S. Treasury bonds rose across the entire yield curve during the second trading session of the week. The 1-year Treasury yield moved from 4.36% to 4.53%, the 3-year yield went from 4.62% to 4.78%, and the 10-year yield increased from 4.88% to 4.99%.

Finally, in Mexico, the Consumer Price Index (CPI) for October was released, showing an increase of 0.65% month-on-month and 3.75% year-on-year—both figures exceeding projections.

Source: PUENTE